The Economic Crisis and Obama's Response

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Economist James Galbraith discussed the causes and consequences of the ongoing economic crisis, and provided a critique of the government's response.

Galbraith, who holds the Lloyd M. Bentsen Jr. Chair in Government/Business Relations and is professor of government at the Lyndon B. Johnson School of Public Affairs at the University of Texas at Austin, frequently writes for mainstream and liberal publications on economics topics.

Galbraith holds a bachelor's degree from Harvard and a Ph.D. from Yale, both in economics. He studied economics as a Marshall Scholar at King's College, Cambridge, and later served on the staff of the U.S. Congress, including as executive director of the Joint Economic Committee, before joining the faculty of the University of Texas. Galbraith directed the LBJ School's Ph.D. Program in Public Policy from 1995 to 1997. He held a Fulbright Distinguished Visiting Lectureship in China in the summer of 2001, and was named a Carnegie Scholar in 2003. He currently directs the University of Texas Inequality Project, an informal research group based at the LBJ School.

Galbraith's new book is "The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too" (Free Press 2008).

This event was sponsored by Clark's International Studies Stream, Economic Society, the Geography Department, and the International Development, Community and Environment Department.


James Galbraith

Streaming Media